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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (2079)1/5/1999 8:00:00 AM
From: Q.  Read Replies (2) | Respond to of 2506
 
Dale, I boxed MCAR late last week, because it met the profile for a January effect stock. Lucky thing, too. I didn't cover because I wanted to be sure I could get a borrow again.

I hadn't noticed the web site thing in the news release. I was more focused on the 543% increase in program locations. That was amusing. They were starting with only 14 locations. If they compared to an earlier timeframe, when they had only one location, they could claim a 9000% increase. Wouldn't that have sounded grand.

Their web site sounds like it amounts to just an ad for their services, available to anybody who happens to come across their site.

I wonder what triggered the increase yesterday: was it the 543%, or the web site, or just any kind of news release to ignite a low RS micro cap stock in January?